Business
Business, 19.02.2021 03:30, MrSnuffleBuns4277

Richards Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the company follows: Beginning raw materials inventory $ 10,000 Ending raw materials inventory 12,000 Raw material purchases 90,000 Beginning work in process inventory 40,000 Ending work in process inventory 25,000 Direct labor 130,000 Total factory overhead 60,000 Beginning finished goods inventory 55,000 Ending finished goods inventory 45,000 The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:

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